Allied Motion (AMOT) Declares $0.025 Quarterly Dividend; 0.5% Yield
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Allied Motion Declares Quarterly Cash Dividend
November 5, 2015 1:00 PM ESTAMHERST, N.Y.--(BUSINESS WIRE)-- Allied Motion Technologies Inc. (NASDAQ: AMOT) today announced that the Board of Directors declared a quarterly cash dividend payment of $.025 per share payable on December 2, 2015 to shareholders of record on November 18, 2015.
Headquartered in Amherst, NY, Allied... More
Allied Motion Reports Earnings Increase of 4% for the Quarter Ended September 30, 2015
November 4, 2015 6:14 PM ESTAMHERST, N.Y.--(BUSINESS WIRE)-- Allied Motion Technologies Inc. (NASDAQ: AMOT) today announced net income increased 4% to $4,278,000 or $0.46 per diluted share for the quarter ended September 30, 2015 compared to $4,115,000 or $0.45 per diluted share for the quarter ended September 30, 2014. Revenues for the quarter declined 6% to $61,534,000 compared to $65,280,000 last year. The strength of the U.S. dollar against foreign currencies continued to have an impact on the reported results of the third quarter as well as for the year.
The strength of the U.S. dollar continues to require a more detailed... More
